Delcath Systems Inc (DCTH)

[13moonster]

Dilution of shareholders is not the only way to gain cash for operations.
Long term financing should not have to come at the expense of shareholder equity dilution.

The challenge for DCTH is they have virtually no collateral to achieve financing, other than patents.
Therefore, the unpalatable assertion that the company has no value is really not far off. (based on its current state)
IE DCTH business case and value is based off unrealized potential.

I will continue to hold shares to see how this plays out. Everyone needs to understand that the long term price per share potential continues to erode with dilution of shareholders.

Consider this: Start your thesis on potential PPS with market cap divided by total shares.
The potential PPS has dropped 90% since December 2017!!
If Dec 2017 was around 100M shares, Dec 2018 could be up to 1B shares.

MM